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The financial sector does a lot more than play middle man (in fact arbitrage is so quickly found these days its a hard to make much money doing this anymore) P
by randyrand 12y ago
The financial sector does a lot more than play middle man (in fact arbitrage is so quickly found these days its a hard to make much money doing this anymore)
Primarily, they invest. Putting money into places that need capital and will likely grow.
- kevin_thibedeau 12y agoHolding a position for a few days, hours, minutes, or seconds is not investing. It's gambling.
- randyrand 12y agoThe financial sector holds things on many different timescales, not just minutes or hours. Sometimes for decades if its profitable.
- collyw 12y agolike a housing bubble?